Sensing movement, but what of it?

There was, when I was a lad, a Sid Caesar skit I recall (Is he ever dating himself now!) wherein he played a goofy inventor. He had just finished building a monstrosity of a horseless carriage and when he cranked it up, it shook and whined and smoked and growled and hopped maybe six inches before it died. "It moved!" Caesar yelled as if the contraption had wings.

And there in a nutshell you have our current economy. AG Spanos' announcement of an 1800-acre development in Stockton, CA is great news ('though he should probably smooth out the funding part before too much time passes).

And GlobeSt.com reports daily about new deals getting done. The question is: Are these the herald of a recovery? Or just an improbable horseless carriage?